“We’re pleased to work with an innovative company like ZED Network that has created a comprehensive money transfer platform for global, small to medium-sized MTOs so that they can effectively compete against larger MTOs,” said Garrett Gafke, CEO, IdentityMind Global. “We have a successful track record of working with ‘breakthrough’ companies like ZED Network to help them grow rapidly and scale while remaining compliant.”

“Partnering with IdentityMind helps streamline the KYC and AML process for MTOs, regardless of their jurisdiction,” said Alan Safahi, Founder and CEO of ZED Network. “We look forward to a successful collaboration with IdentityMind.”

MTOs using ZED Network will be required to perform KYC validation for each remittance sender and receiver using IdentityMind. Leveraging IdentityMind Global’s Version 2.0 platform, ZED Network will also target accredited investors in the U.S., Canada and several other countries and conduct KYC on each ZED token investor.